New Oriental
136 hedge funds and large institutions have $3.7B invested in New Oriental in 2013 Q4 according to their latest regulatory filings, with 25 funds opening new positions, 38 increasing their positions, 54 reducing their positions, and 20 closing their positions.
34% more capital invested
Capital invested by funds: $2.77B → $3.7B (+$928M)
33% more funds holding in top 10
Funds holding in top 10: 9 → 12 (+3)
25% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 20
19% more call options, than puts
Call options by funds: $34M | Put options by funds: $28.5M
3.97% more ownership
Funds ownership: 70.23% → 74.2% (+4%)
4% more funds holding
Funds holding: 131 → 136 (+5)
30% less repeat investments, than reductions
Existing positions increased: 38 | Existing positions reduced: 54
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$117M |
| 2 |
Lazard Asset Management
New York
|
+$34.7M |
| 3 |
CCAM
Coupland Cardiff Asset Management
London,
United Kingdom
|
+$27.2M |
| 4 |
Acadian Asset Management
Boston,
Massachusetts
|
+$19.3M |
| 5 |
Fidelity International
Hamilton,
Bermuda
|
+$18.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
-$19.4M |
| 2 |
SR
Sloane Robinson
London,
United Kingdom
|
-$18.3M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$13.6M |
| 4 |
Renaissance Technologies
New York
|
-$12.2M |
| 5 |
CL
CRCM LP
San Francisco,
California
|
-$11.8M |
EDU Hedge Fund Activity: Q4 2013 in Review
136 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in New Oriental (EDU) for Q4 2013, worth a combined $3.7B — up 34% from $2.77B a quarter earlier.
Buyers outnumbered sellers: 25 funds opened new EDU positions and 20 closed out — a net gain of 5 holders — while 38 added to existing stakes and 54 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $117M. The largest seller was Driehaus Capital Management, cutting an estimated $19.4M.
- 136 institutional investors held New Oriental (EDU) as of Q4 2013, up from 131 in Q3 2013.
- Funds reported $3.7B of New Oriental stock for Q4 2013, up 34% quarter-over-quarter.
- 25 funds opened new New Oriental positions in Q4 2013 and 20 closed out, a net change of +5 holders.
- The largest New Oriental buyer in Q4 2013 was Fidelity Investments, an estimated $117M added.
- The largest New Oriental seller in Q4 2013 was Driehaus Capital Management, an estimated $19.4M sold.
Based on aggregated 13F filings for Q4 2013.